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BOSTON PACIFIC MEDICAL ACQUIRES COLOMBIAN MEDICAL PRODUCTS DISTRIBUTOR

 BOSTON PACIFIC MEDICAL ACQUIRES COLOMBIAN
 MEDICAL PRODUCTS DISTRIBUTOR
 BOSTON, June 26 /PRNewswire/ -- Boston Pacific Medical, Inc. (NASDAQ: BPMDU) announced today that as part of its strategic plan to increase international distribution, the company has acquired Boston Medica Ltda. (BML), a medical products distributor in Bogota, Columbia.
 "This expansion represents another step toward achieving our goal of bringing high-quality disposable medical products to markets outside of the United States," said Gio Ortiz, Boston Pacific Medical's president and chief executive officer. "BML will complement our established international distribution network in Latin America, Australia and Malaysia -- which accounted for 66 percent of BP Medical's total sales in 1991.
 "In a very short time, BML has demonstrated the ability to effectively enter the Colombian medical products market," added Ortiz. "Although BML's sales have been relatively modest to date, based on existing orders, we expect BML to contribute significantly to BP Medical's 1992 sales results."
 As part of an earlier agreement, BML was granted exclusive rights to market and distribute BP Medical's urological and incontinent products, as well as the company's extensive line of latex gloves, throughout Colombia. In addition to continuing with its current efforts, BML will assemble and package surgical trays for BP Medical's distribution in Latin America, the United States, and other export markets.
 Boston Pacific Medical, Inc., headquartered in Boston, manufactures, distributes and sells in the United States and international markets disposable medical products designed to facilitate safe medical treatment of urological conditions and prevent cross-contamination during exposure or transfer of bodily fluids.
 -0- 6/26/92
 /CONTACT: Marcia A. Kean or Chris Taylor of Feinstein Partners, 617-577-8110, for Boston Pacific Medical Inc./
 (BPMDU) CO: Boston Pacific Medical Inc. ST: Massachusetts IN: MTC SU: TNM


TM -- NE001 -- 4088 06/26/92 08:54 EDT
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Publication:PR Newswire
Date:Jun 26, 1992
Words:293
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